#Economy #Recession #HeiseSays US Manufacturing orders fall while the S&P 500 reaches an all-time high. References Wall Street closing at a record-high prompts warnings that it could be another false dawnhttps://mobile.abc.net.au/news/2019-11-03/green-shoots-emerge-global-economy-not-for-first-time/11664014
Day: November 5, 2019
#Economy #Recession #HeiseSays Economists agree that infrastructure spending is the only way to save Australia. But is it all too late? References We asked 13 economists how to fix the economy. All back the RBA governor over the Treasurerhttps://mobile.abc.net.au/news/2019-11-04/economists-back-rba-philip-lowe-not-treasurer-josh-frydenberg/11667836 Search the Priority List https://www.infrastructureaustralia.gov.au/search-priority-list-map
#Retail #Recession #HeiseSays Retail levels have crashed to levels not seen since the 1990’s recession. References Retail slumps to ‘weakest’ level since 1990s recession as tax cuts fail to stimulate consumer spending https://www.theage.com.au/politics/federal/worrying-sign-retail-slumps-to-worst-performance-since-last-recession-as-jobs-weaken-20191104-p5378r.html?fbclid=IwAR3h2VWqEkoJQJPDUX36h12CN9x7UMbpKce448y28rwZjEpYBcymiA8l87M